Product Code: MCP22997
What`s New for 2023?
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Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Underwater Robotics Market to Reach $15.9 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Underwater Robotics estimated at US$6 Billion in the year 2022, is projected to reach a revised size of US$15.9 Billion by 2030, growing at aCAGR of 13% over the period 2022-2030. Remotely Operated Vehicle (ROV), one of the segments analyzed in the report, is projected to record 12.5% CAGR and reach US$13.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Autonomous Underwater Vehicles (AUV) segment is readjusted to a revised 15.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 12.5% CAGR
The Underwater Robotics market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 11% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.
Select Competitors (Total 33 Featured) -
- Atlas Maridan ApS
- Bluefin Robotics Corp
- Deep Ocean Engineering, Inc.
- ECA SA
- Eddyfi
- General Dynamics Mission Systems, Inc.
- International Submarine Engineering Ltd.
- Inuktun Services Ltd.
- Oceaneering International, Inc.
- Saab AB
- Schilling Robotics LLC
- Soil Machine Dynamics Ltd.
- TechnipFMC plc
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Underwater Robotics - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Underwater Robotics Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Underwater Robotics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 3: World 8-Year Perspective for Underwater Robotics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- TABLE 4: World Recent Past, Current & Future Analysis for Remotely Operated Vehicle (ROV) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 5: World 8-Year Perspective for Remotely Operated Vehicle (ROV) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- TABLE 6: World Recent Past, Current & Future Analysis for Autonomous Underwater Vehicles (AUV) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 7: World 8-Year Perspective for Autonomous Underwater Vehicles (AUV) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for Commercial Exploration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 9: World 8-Year Perspective for Commercial Exploration by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- TABLE 10: World Recent Past, Current & Future Analysis for Defense & Security by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 11: World 8-Year Perspective for Defense & Security by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- TABLE 12: World Recent Past, Current & Future Analysis for Scientific Research by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 13: World 8-Year Perspective for Scientific Research by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- TABLE 14: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 15: World 8-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Underwater Robotics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- TABLE 16: USA Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 17: USA 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 18: USA Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 19: USA 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- CANADA
- TABLE 20: Canada Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 21: Canada 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 22: Canada Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 23: Canada 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- JAPAN
- Underwater Robotics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- TABLE 24: Japan Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 25: Japan 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 26: Japan Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 27: Japan 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- CHINA
- Underwater Robotics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- TABLE 28: China Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 29: China 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 30: China Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 31: China 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- EUROPE
- Underwater Robotics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- TABLE 32: Europe Recent Past, Current & Future Analysis for Underwater Robotics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 33: Europe 8-Year Perspective for Underwater Robotics by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- TABLE 34: Europe Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 35: Europe 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 36: Europe Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 37: Europe 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- FRANCE
- Underwater Robotics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- TABLE 38: France Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 39: France 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 40: France Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 41: France 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- GERMANY
- Underwater Robotics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- TABLE 42: Germany Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 43: Germany 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 44: Germany Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 45: Germany 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- ITALY
- TABLE 46: Italy Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 47: Italy 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 48: Italy Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 49: Italy 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- UNITED KINGDOM
- Underwater Robotics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- TABLE 50: UK Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 51: UK 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 52: UK Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 53: UK 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- REST OF EUROPE
- TABLE 54: Rest of Europe Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 55: Rest of Europe 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 57: Rest of Europe 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- ASIA-PACIFIC
- Underwater Robotics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- TABLE 58: Asia-Pacific Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 59: Asia-Pacific 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 61: Asia-Pacific 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
- REST OF WORLD
- TABLE 62: Rest of World Recent Past, Current & Future Analysis for Underwater Robotics by Type - Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 63: Rest of World 8-Year Perspective for Underwater Robotics by Type - Percentage Breakdown of Value Sales for Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicles (AUV) for the Years 2023 & 2030
- TABLE 64: Rest of World Recent Past, Current & Future Analysis for Underwater Robotics by Application - Commercial Exploration, Defense & Security, Scientific Research and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 65: Rest of World 8-Year Perspective for Underwater Robotics by Application - Percentage Breakdown of Value Sales for Commercial Exploration, Defense & Security, Scientific Research and Other Applications for the Years 2023 & 2030
IV. COMPETITION